secwatch.observer — SEC 8-K summary
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Issuer:     RAMBUS INC (RMBS)
CIK:        0000917273
Form:       8-K
Filed at:   2023-09-07T23:59:59+00:00
Accession:  0001193125-23-230180
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rambus completes sale of PHY IP business to Cadence for $110M cash
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- Rambus sold SerDes and memory interface PHY IP assets to Cadence Design Systems for $110M cash, subject to adjustments.
- Transaction strengthens Rambus' focus on high-growth chips and digital IP for data center and AI.
- Rambus affirmed prior Q3 FY2023 guidance issued on July 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917273/000119312523230180/0001193125-23-230180-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917273/000119312523230180/d524084d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-230180

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